M.E. Allison & CO. Inc. Makes New $646,000 Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

M.E. Allison & CO. Inc. bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,098 shares of the company’s stock, valued at approximately $646,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in shares of iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the period. Marshall Wace LLP grew its stake in shares of iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC grew its position in iShares Core S&P 500 ETF by 125.6% during the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after buying an additional 2,450,000 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. Finally, Millennium Management LLC increased its holdings in iShares Core S&P 500 ETF by 54.8% in the 2nd quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock valued at $3,290,590,000 after buying an additional 2,129,220 shares during the period.

iShares Core S&P 500 ETF Trading Up 0.9 %

IVV stock opened at $605.70 on Wednesday. The stock has a market capitalization of $522.66 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm has a 50-day moving average price of $598.26 and a 200-day moving average price of $576.56. iShares Core S&P 500 ETF has a 12 month low of $485.12 and a 12 month high of $612.09.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.